Nihon Suido Consultants (261A) · RiskMitigatedLatest Earnings presentation (2026-05-15): "Restated"
Seasonal business cycle
First written in FY2024. 1 of 3 entries say "Mitigated", first in FY2025. Latest entry: 2026-05-15.
3entries
2years
1from disclosures
How it moved
Same theme, other companies
Quarterly earnings concentration caused by the timing of budget execution, project progress and acceptance inspections for public-sector and customer projectsA theme 59 companies write about · 59 as a headwind · 0 as a tailwind
The whole theme swung hardest in 2018: 4 of 31 companies on the "Worse" side.
34 other companies' latest entry also says "Restated".
Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 59 companies compared. The sentences above are computed from all 59.Full recordFilings, disclosures and news, newest first
- 2026-05-15RestatedEarnings presentation
「第1、第4四半期は受注が少なく、第2、第3四半期に受注高が多くなる季節変動」
受注高と売上高の四半期ごとの季節変動を従来どおり説明し、第2・第3四半期の受注積み上げを見込んでいる。 - FY2025MitigatedAnnual report
「We will seek to mitigate this seasonal cycle by acquiring new customers, including general business companies, and will also thoroughly manage project progress to appropriately manage the timing of revenue recognition.」
The company disclosed the quarterly composition of net sales and stated that it aims to mitigate seasonal fluctuations by acquiring customers such as general business companies and managing project progress. - FY2024First statedAnnual report
「Because government agencies are our main customers, the Group’s net sales tend to be concentrated in the first half of the fiscal year, from January to June.」
Because government agencies are the main customers, the concentration of sales in the first half and fixed-cost burden in the second half are identified as factors causing performance fluctuations.